Sri Lanka and India today exchanged agreements on INR‑denominated Lines of Credit worth USD 350 million, forming part of the USD 450 million reconstruction package extended by India in the aftermath of Cyclone Ditwah.
The agreements were signed following a meeting between visiting Indian Foreign Secretary Vikram Misri and Sri Lankan President Anura Kumara Dissanayake in Colombo.
According to the Indian High Commission in Sri Lanka, the agreements will support reconstruction, infrastructure development, and procurement requirements arising from the cyclone’s impact.
During the discussions, both sides also reviewed key bilateral projects, including India‑assisted development initiatives in Sri Lanka, and reaffirmed their commitment to strengthening cooperation on issues of mutual interest. (Newswire)